posted on Sep, 20 2009 @ 09:44 AM
I figured I'd post the unemployment rate of California, considering that California is a major part of the backbone of the U.S. economy. As of the
end of August, California has a unemployment rate of 12.2%, which is a new modern record. I wouldn't be surprised if this rose to 15% by the end of
The issues with California, come about due to their nanny state policies and programs, which affect the California budget. If the budget is in the
red, taxes go up, if taxes go up, individuals and companies leave the state or close, when companies leave or close, unemployment goes up. Kill the
nanny state, and your budget will begin to balance itself out. The problem here is that, politicians are only looking for the next vote, and not
concerning themselves with doing what's best for the state and it's economy.